Metro Pacific Tollways Corp. proposes to spend $600 million to own 35 percent of Indonesia’s Jasamarga Transjawa Tol, a unit of Indonesia’s PT Jasa Marga Tbk that operates 35 toll road concessions spanning 1,809 kilometers.
Days after General Motors’ Cruise self-driving car unit pulled all of its vehicles off the roads in the U.S. for a safety review, it continues to test them on public roads in Dubai and Japan, Reuters has learned.
The Department of Transportation is encouraging American business leaders to come and invest in the country's big-ticket transport infrastructure projects.
NLEX Corp. on Thursday reported net income growing 24 percent in the first nine months this year, driven by traffic recovery and increase in toll rates.